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IHCL is well placed to ride the hotel industry upcycle in the medium run. To tap the strong demand momentum, IHCL has lined up healthy inventory addition plans. Also new businesses of re-imagined Ginger, food culinary business Q-Min as well as bungalow stays Ama provide an additional growth trigger. Operating leverage owing to sustained pricing would also aid in earnings growth.
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Railway Minister Ashwini Vaishnaw on Thursday, highlighted the importance of using advanced technology in Indian Railways. Speaking to ANI, the Railway Minister emphasised the importance of safety measures of the track system in railways. He highlighted the deployment of three ITMS (Integrated Track Monitoring System) machines two years ago, which have provided accurate railway track measurements. Watch here for more details
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Trump has been vocal about his anti-immigration policies. However, his actions during his previous term suggest we could see even stricter rules when it comes to legal immigration as well. This has significant implications for India, as it is the largest recipient of H1B and L1 visas, and also has the highest number of students in the U.S. The H1B Visa allows U.S. companies to hire skilled foreign workers for specialized roles, while the L1 Visa lets companies transfer employees to their U.S. counterparts.
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Prime Minister Narendra Modi declared this Diwali historic, as thousands of lamps will be lit in the Ram Lalla temple in Ayodhya after a 500-year wait. He described the occasion as a moment when "our Ram returns home," emphasizing that this Diwali marks the end of a prolonged wait. Modi made these remarks while launching development projects worth nearly Rs 12,850 crore and expanding the Ayushman Bharat health insurance scheme to senior citizens aged 70 and above. The consecration of the Ram Lalla idol at the Ayodhya temple earlier this year was a landmark event, witnessed by millions across the nation. Preparations for the festival include lighting 25 lakh diyas along the Sarayu River during 'Deepotsav' on October 29. With heavy security arrangements in place, Ayodhya is gearing up for grand celebrations, reflecting the significance of this festival of lights in the context of Indian heritage and spirituality.
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A leading auto retailer for premium and luxury cars in India, Landmark Cars partners with major OEMs in the passenger vehicle segment, including Mercedes-Benz, Jeep, Honda, Volkswagen, and Renault. Recent additions to its portfolio include MG Motors, Mahindra & Mahindra, and BYD. In the commercial vehicle segment, it collaborates with Ashok Leyland.
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Aam Aadmi Party (AAP) leader and Delhi Education Minister Atishi made a shocking claim against the BJP on May 20. Atishi accused the BJP of conspiring to kill Delhi Chief Minister and AAP’s national convener Arvind Kejriwal. Atishi’s claim came amid reports of some death threats against Kejriwal appearing on the Delhi Metro stations and on social media. She claimed that on May 20 in Delhi Metro’s prominent stations like Rajiv Chowk, Patel Nagar and inside the Delhi Metro trains there were threats written. “How it can be possible when every corner of these metro stations are under the surveillance of CCTV and nobody is looking for the person who has written these threats. Where is Delhi Police?”
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Moneycontrol's Chandra Srikanth discusses the influence of AI on India's IT sector: Will it cause disruption or usher in evolution? In an interview, Rafee Tarafdar, Chief Technology Officer at Infosys, shares insights on the industry's perspective on artificial intelligence.
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Here’s a detailed overview of the Dow Jones Industrial Average (DJIA) and the different times that it hit milestones of 10,000, 20,000, and 30,000 levels and what are the factors that propelled it to touch 40,000 levels.
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Slovak Prime Minister Robert Fico suffered life-threatening injuries on Wednesday when he was shot and wounded in an attempted assassination that stunned his small Central European nation and drew a chorus of international condemnation.
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Indian men's football team captain Sunil Chhetri will play his last international game against Kuwait on June 6 as he announces his retirement from the national team. Let's delve into his career highlights, which will serve as a source of inspiration for numerous Indian footballers. Take a look.
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Indices on Wall street notched up to record closing highs after a smaller-than-expected rise in consumer inflation bolstered hopes for interest rate cuts by the Federal Reserve. Tepid U.S. Consumer Price Index data for April led traders to raise bets that the Fed will cut its policy rate in September and December
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Prime Minister Narendra Modi, in his address on the occasion of the 77th Independence Day celebrations from the Red Fort, said that the situation in the violence-hit Manipur is improving and urged people of the northeastern state to build on the peace restored there. The PM said the entire nation is with Manipur and the Centre and the state government are making every effort to find a solution and will continue to do so. “Path for solution in Manipur will be found through peace,” he said.
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Prime Minister Narendra Modi made a surprise visit to the new Parliament building and inspected various works as well as interacted with construction workers. The building construction is in full swing. It is being built alongside the existing parliament building. The new building will have a built-up area of about 65,000 square metre. Watch to know how it will look and what are its features?
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In a major goof-up, Rajasthan Chief Minister Ashok Gehlot on February 10 read out excerpts of the previous budget instead of Budget 2023-24. As soon as the chief minister made the first two announcements, which featured in Budget 2022-23, the Opposition began creating a ruckus and stormed into the well of the House. Many leaders like ex-CM Vasundhara Raje also took a jibe at Gehlot's mistake. Watch for more.
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Moneycontrol's Shraddha Sharma explains the history behind the LAC and the current face-off.
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Staring at a record USD 145 billion in stressed loans in FY18, the Indian banking sector is facing a crisis of confidence in capital forcing the government and the regulator to go back to the drawing board to find a solution.
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Keeping in mind the Centres push for electric vehicles, CNBC-TV18's Shereen Bhan caught up with experts to understand the challenges and opportunities a policy move like this bring and also analyse the preparedness of automakers and India's race to become the world's third largest car market by 2030.
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Watch the interview of Abizer Diwanji Partner & National Leader Financial & Restructuring Services, EY India and Sumant Batra Insolvency Lawyer with CNBC-TV18's Manisha Natarajan where they spoke about the Insolvency code.
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In an interview to CNBC-TV18's Shereen Bhan, Mahender Singh, Member-GST, CBEC, Navin Kumar, Chairman of GSTN and Harishanker Subramaniam, Partner & National Leader - Indirect Tax at EY India spoke about the August 5 meeting of the GST and what it will mean going ahead.
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After over a decade of back and forth, the goods and services tax became a reality on the July 1. India's biggest tax reform since independence subsumed more than a dozen taxes in the country. We are nearing the one month milestone of the GST rollout and today we take stock of the hits and misses in this first month.
